Funding arb · Price arb /

DYM

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h +0.005%

Price spread now: Gate against Extended−0.034%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$656as in the Funding arb table

Net, price: spread back to 7d avg − costs−$645as in the Price arb table

costs, in and out, $10k−$6406.399% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.034%, 7d avg +0.016%

Together, before fees−0.225%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.051% cheaper against Extended than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.016%). If the spread goes back, that is −$5 on $10k: about 22 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended DYM-USD	0.01844	0.0104	pay 0.0013% / 1h	1m 40s	$4K	$263K	5x
Short	Gate DYM_USDT	0.01843	0.0290	get 0.0145% / 4h	1m 40s	$147K	$169K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee GatebpOrdersPrice spread, now −0.034%Rate

Funding earned: $39.06
Price spread: −0.034% → +0.016%: −$5.06
Slippage, 4 orders: −$619.93
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$605.93
Costs to cover: 6.399%
Break-even: 115.6 days

Slippage from Extended: live order book, 11 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 11 min ago	8.73 bp	81.8 bp −$82	626.3 bp −$6,263	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	19.03 bp	181.2 bp −$181	doesn't fit	doesn't fit	doesn't fit

DYM on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX DYM-USD	0.0000%	1h	0.01841	−0.156%	$252	$5	5x	as long as short
Injective DYM/USDC PERP	+0.0033%	1h	0.01718	−6.814%	$237	$12K	5.5x	as long as short
Hyperliquid DYM	+0.0100%	1h	0.01844	+0.020%	$369K	$255K	3x	as long as short
Aster DYMUSDT	+0.0100%	4h	0.01842	−0.104%	$76K	$5K	5x	as long as short
Binance DYMUSDT	+0.0100%	4h	0.01844	+0.020%	$2.4M	$4.7M	10x	as long as short
Bybit DYMUSDT	+0.0100%	4h	0.01840	−0.197%	$782K	$426K	25x	as long as short
MEXC DYM_USDT	+0.0100%	4h	0.01844	+0.020%	$1.1M	$673K	20x	as long as short
Bitget DYMUSDT	+0.0100%	4h	0.01844	+0.020%	$401K	$175K	25x	as long as short
BingX DYM-USDT	+0.0100%	4h	0.01842	−0.088%	—	$12.8M	—	as long as short
Variational Omni DYM	+0.0100%	4h	0.01834	−0.536%	$9K	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DYM-USDlong	+0.0104%	1h	0.01844	long leg	$4K	$263K	5x
Gate DYM_USDTshort	+0.0290%	4h	0.01843	−0.034%	$147K	$169K	25x
KuCoin DYMUSDTM	+0.0890%	4h	0.01843	−0.034%	$435K	$144K	25x	as long as short
Kraken Futures PF_DYMUSD	+0.1934%	1h	0.01846	+0.102%	$15K	$5K	10x	as long as short